Compliance Updates

FDJ: Conclusion of the European Commission’s investigation

Published

1 year ago

November 6, 2024

fdj:-conclusion-of-the-european-commission’s-investigation

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FDJ takes note of the European Commission’s decision concluding that no State aid was granted to FDJ during its privatisation and that the equalisation payment should be re-evaluated from €380 million to €477 million, i.e. an additional sum of €97 million.

This decision concludes the formal investigation that the European Commission opened on 26 July 2021 to determine whether the €380 million sum that FDJ paid to secure its exclusive rights to operate point-of-sale sports betting and the lottery for a 25-year term, was appropriate.

FDJ welcomes the closure of this investigation and the European Commission’s confirmation, in line with the French Conseil d’Etat’s decision of 14 April 2023, that the legal framework adopted when the Group was privatised was robust.

FDJ has also taken note of the additional equalisation amount, valued by the European Commission at €97 million. The equalisation payment re-evaluated at €477 million is within the range initially established by the French Commission des participations et des transferts in its opinion no. 2019-A.C.-1 of 7 October 2019.

Impact on net profit and on the calculation of the dividend per share

This additional equalisation payment is recognised as an intangible asset – “exclusive operating rights”, in the same way as the initial amount of €380 million. As such, it will be amortised over 25 years starting on 23 May 2019, which is the effective date of the Pacte Law no. 2019-486.

FDJ Group announces that it will base its future dividend payments, beginning with those relating to its results for the 2024 financial year, on the adjusted net profit.

This adjusted net profit reflects FDJ’s actual economic performance and allows the Group to monitor and compare its performance against its competitors. It is based on the consolidated net profit restated for the following items:

In 2024:
- the additional amortisation over the 2019-2023 period recognised under exclusive rights in France amounting to €17.9 million.
- The non-cash impact of the currency hedge relating to the acquisition of Kindred Group, which is recognised under financial result.
Depreciation and amortisation of intangible and tangible assets recognised or revalued when allocating the purchase price of business combinations.
And changes in tax resulting from these items.

Note that total amortisation of exclusive operating rights will amount to €37.0 million in 2024 and €19.1 million in 2025 after €15.2 million in 2023.

FDJ Group recalls that since 10 May and the French Court of Cassation’s ruling in favour of the FDJ Group in its dispute with Soficoma, which enabled it to cancel 3% of its share capital, the Group’s share capital now stands at 185,270,000 shares.

The post FDJ: Conclusion of the European Commission’s investigation appeared first on European Gaming Industry News.

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Compliance Updates

Dutch Regulator Outlines 5 Key Supervisory Priorities for 2026 Agenda

Published

19 hours ago

January 23, 2026

Wladimir P.

dutch-regulator-outlines-5-key-supervisory-priorities-for-2026-agenda

The Dutch Gambling Regulator (KSA) has announced that it will place a greater focus on combating illegality and player protection in its oversight in 2026. The regulator outlined its priorities for 2026 in five key themes.

In 2026, the KSA will pay extra attention to the following topics:

• Combating illegal gambling offers

• Protection of vulnerable groups: minors and young adults

• Supervision of the duty of care

• Supervision of advertising

• Supervision of compliance with the Wwft

Additional capacity is being freed up to combat illegal gambling, primarily to frustrate and disable the infrastructure of illegal parties. This could include closer collaboration with payment service providers, hosting providers and social media companies.

The increased priority on protecting vulnerable groups and enhanced oversight of advertising and duty of care aligns with the Ministry’s renewed vision, which places a greater emphasis on player protection. A separate player protection department has been established for this purpose within the KSA’s new organisational structure, effective from January 2026.

The post Dutch Regulator Outlines 5 Key Supervisory Priorities for 2026 Agenda appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Arizona Department of Gaming Names Juan Carlos Estrada as Boxing and Mixed Martial Arts Executive Director

Published

2 days ago

January 22, 2026

GamingAmericas.com

arizona-department-of-gaming-names-juan-carlos-estrada-as-boxing-and-mixed-martial-arts-executive-director

Two decades of agency experience inform Executive Director’s new post

The Arizona Department of Gaming (Department) announced that it has appointed Juan Carlos Estrada as Executive Director, Boxing and Mixed Martial Arts (BMMA). A long time employee of the Department with roles spanning regulation and operations, including for high-profile boxing and mixed martial arts events and activities, Estrada will now serve as Executive Director of BMMA and will also continue to hold the position of Assistant Director of BMMA and Racing.

The Department’s Division of Boxing and MMA supports the Arizona State Boxing and MMA Commission in its regulation of unarmed combat sporting events taking place in Arizona, including licensing fighters, referees, judges, inspectors, and physicians. The Commission licensed over 1,027 fighters, promoters, and event officials in Fiscal Year 2025, while overseeing 28 events, including nine events that were also televised worldwide.

“Over the past decade, Juan Carlos Estrada has served in various capacities regulating the unarmed combat sports industry in Arizona supervising hundreds of boxing, mixed martial arts and muay thai events,” said Jackie Johnson, Director, Arizona Department of Gaming. “He has earned a reputation for a balanced and transparent approach as a state regulator, and I’m thrilled to congratulate him on this milestone.”

With past roles since 2004 including Investigator, Racing Steward, and Employee Certification Unit Supervisor, Estrada has continued to work collaboratively and across divisions to promote fair and effective regulation. In the Executive Director position, he will serve as the direct liaison between the Arizona Boxing and MMA Commission and the Department, and will lead all responsibilities and initiatives with respect to unarmed combat sports – ensuring the health and safety of participants and enforcing applicable laws and rules.

“I’m humbled to accept my appointment as the Executive Director of Boxing and Mixed Martial Arts,” said Estrada. “I want to sincerely thank the promoters, athletes, officials, and my colleagues for the trust and confidence they have given me over the years. I’m looking forward to continuing to serve the public while ensuring that contests are safe, fair, and regulated.”

A Native Arizonan, Estrada has given back to his community by volunteering for the City of Phoenix Police and Fire departments while continuing his leadership at the Department and attaining professional development in the industry. His experience includes working with organizations like the Ultimate Fighting Championship (UFC), King of the Cage, Legacy Fighting Alliance (LFA), and numerous regional and local promotions.

The post Arizona Department of Gaming Names Juan Carlos Estrada as Boxing and Mixed Martial Arts Executive Director appeared first on Americas iGaming & Sports Betting News.

Compliance Updates

Cyprus Betting Authority Deploys 150 Secret Agents to Conduct Raids on Betting Agencies

Published

2 days ago

January 22, 2026

Wladimir P.

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The Cyprus NBA is significantly ramping up its regulatory oversight for 2026. Raids on betting agencies are being carried out by “undercover” agents as part of stepped-up checks by the NBA to ensure compliance with the law.

The NBA has procured inspection services from the private sector, deploying 150 undercover agents who pose as customers and enter betting premises unannounced.

While on site, the agents monitor staff conduct, check whether illegal bets are being placed and verify that minors are not present.

Alongside these surprise visits, NBA officers also carry out on-site inspections and monitor betting websites used by hundreds of players, while inspections are also conducted to identify potential money-laundering activity.

The issues related to the violations of rules were raised during a meeting of the House Finance Committee, where an NBA representative said the Authority imposed fines totalling €46,000 last year.

Of that amount, €26,000 related to breaches linked to the lack of required licences, with the remainder stemming from the presence of minors on premises and other violations of the legislation.

At the same time, data submitted to parliament showed that bets worth €1.3 billion were placed last year, with players receiving €1.17bn in winnings.

Against that backdrop, and following an increase in the betting tax, state revenue from betting rose to €6 million, up from €3.2m a year earlier.

During the discussion, it was also noted that a draft bill has been pending at the Ministry of Finance for around a year.

The bill provides for new products and services, as well as enhanced safeguards for responsible gaming and the protection of minors.

A representative of the ministry clarified that there are no plans to introduce online casino games.

Expected revenue from betting activity is projected at €71.85m this year, an increase of 28.03 per cent, or €15.73m, compared with 2025.

Revenue is forecast to rise further to €75.27m in 2027 and €78.59m in 2028.

Breaking down the figures, betting tax is expected to generate €53m, licence fees €8.2m and betting activity contributions €10m.

Class A and Class B licence holders pay tax at a rate of 10 per cent on net betting earnings, with Class A covering land-based betting and Class B online betting.

In addition, €32m relates to betting tax on Opap’s Cyprus’ gross profits under the new contract, while licences for Class A and B operators, authorised representatives and premises are expected to bring in €2.8m.

A further €5m concerns Opap’s Cyprus’ licence fee and €0.4m its supervision contribution, also under the revised agreement.

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